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Author Archives: Top News Editor

South Korea Cryptocurrency Exchange Revenue Rises 88 Times

February 20, 2018

The commission-related sales of South Korean cryptocurrency exchanges have increased by about 88 times last year compared to the previous year, a report said. South Korea’s Yonhap news agency published government data collected by Rep. Park Kwang-on. Total commission-related sales ...

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Venezuela Launches Petro Sale Amid Skepticism

February 20, 2018

Venezuela has officially launched the pre-sale of its new cryptocurrency Petro, which President Nicolas Maduro hopes would help ease the country’s economic crisis, and circumvent U.S.-led sanctions. “Petro is born and we are going to have a total success for ...

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Cryptocurrency Daily Roundup – Feb. 20

February 20, 2018

Bitcoin has staged a strong rebound from the $6,000 low it reached early this month and the sentiment in the cryptocurrency market remains bullish. More on regulation front, Switzerland, which hosts a “crypto-valley”, has released new guidelines for initial coin ...

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Bitcoin Looking For Support Above $11,000

February 20, 2018

The Bitcoin price has stabilized above $11,000 since Monday and is testing key support levels, boosting the sentiment in markets. As of 3.47 am ET on Tuesday, Bitcoin was up 6.02 percent at $11,365.01 on Coinbase. The top cryptocurrency steadily ...

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BoE’s Carney Says Bitcoin Failed As Currency

February 20, 2018

Bank of England Governor Mark Carney said bitcoin has pretty much failed as currency as its value is unstable and it cannot be a useful way to buy things. “It has pretty much failed thus far on … the traditional ...

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Cryptocurrency Daily Roundup – Feb. 19

February 19, 2018

One of the leading figures from the cryptocurrency space has come out with a strong warning that prices could drop to near-zero at anytime, while credit card companies and payment processors are grappling with the problem of taxing cryptocurrency transactions. ...

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CFTC Offers Bounty To Whistleblowers On Pump-and-Dump Schemes

February 19, 2018

The Commodity Futures Trading Commission (CFTC) has offered a reward to whistle-blowers who give information on Virtual currency and digital token “pump-and-dump” schemes. “If you have original information that leads to a successful enforcement action that leads to monetary sanctions ...

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